Comments on: ANALYSIS: Conservative Budget Alternative Saves Average CEO $1.5 Million Every Year

By: Colin

Colin — Sat, 28 Mar 2009 13:48:12 +0000

Well, yes. Democrats have succeeded in establishing a tax code that is so lopsided that the only way to more towards more equality is by cutting the taxes of the better off. After all, they’re the ones that pay the taxes! So now we’ve gotten in a ridiculous situation where any real tax cuts are going to produce much teeth gnashing about cutting taxes for the wealthy and not giving a break to the poor. That’s because — outside of payroll taxes — their tax liability is incredibly small!

Congrats Democrats, this really is political genius on your part.

By: Caroline

Caroline — Fri, 27 Mar 2009 16:17:57 +0000

“A plan that doesn’t injure anyone sounds like a good plan to me.”

But it would hurt everyone — in the form of massively-cut government revenue. We have a deficit as is, and there’s no politically-viable way even the most right-wing Republican can cut spending enough to balance the budget.

Despite massive spending in Obama’s budget as it stands, at least it projects some sort of deficit-cutting goal (however unrealistic it may be.) The Republican’s plans offers no numbers projections whatsoever, and until it does we can’t compare the merits.

By: John Schmitt

John Schmitt — Fri, 27 Mar 2009 16:16:19 +0000

I believe people with an income over $250,000 should pay a 50% bringing them down to the level of the working people.

By: ConservativeThink

ConservativeThink — Wed, 25 Mar 2009 21:40:06 +0000

Was there any analysis of how the other tax brackets would fare? Or was the 10% minimum wage group the only group who did not benefit from this plan? (they also are the group that pays the least in taxes) The article smells a bit like selective journalism, – it doesnt show any group getting harmed, it only shows that no one is getting hurt with this plan. A plan that doesn’t injure anyone sounds like a good plan to me.

By: stateofthedivision

stateofthedivision — Tue, 24 Mar 2009 22:13:39 +0000

This is disaster capitalism at its best. Global corporatists want to drive down taxes, worker pay/benefits and regulation to the lowest global common denominator.

The implied threat is the big money boys will take their capital and run.

http://peureport.blogspot.com/2009/03/big-money-boys-gather-at-wsjs-future-of.html

Watch to see if Congress lets them bolt with taxpayer supplied capital.